If the micro loan is overdue for 10 days, will the address book explode?

It is recommended to choose formal banking channels to apply for loans, and we recommend our bank's online quick loan.

Netfast Loan refers to a small consumer loan issued by ABC in cash to individual customers of ABC who meet certain conditions, and is self-applied for, quickly received, automatically approved, and self-service.

2) The borrower understands the product situation, the basic conditions of the loan and the handling process.

3) Fill in the basic information, the term of the loan to be applied, the borrowing and repayment account, the mailing address, etc.

4) The system verifies the validity of the mobile phone number.

6) Confirm the loan information, the amount of the loan to be applied for, the purpose of the loan, etc.

The private formal and reliable online loan platform will not use the means of exploding the address book at the beginning, unless it is ** has been unable to get through, shut down, or empty number, it will be transferred to a third-party collection company, and professional collection may use the method of exploding the address book. Formal licensed online lending platforms generally start to explode their address book after 1 month.

Normally, overdue microloans will have the following consequences:

1.Recorded in the credit report: If the credit is overdue, it will affect the personal credit report, and form a certain resistance to the borrower's future loan application and credit card application.

2.High penalty interest: After the micro loan is overdue, in addition to the normal interest, it is necessary to pay a high amount of overdue interest, and a penalty interest of 50% of the agreed interest rate will be charged on the overdue principal amount every day until it is overdue.

Overdue penalty interest = overdue principal x daily interest rate x 50% x number of overdue days.

Among the reliable big brands on the market, in addition to micro loans, Du Xiaoman Finance's money is also a good choice. The application for money is simple, the loan is fast, and the borrowing and repayment is flexible, and users can take the initiative to apply. The interest fee for money is transparent, the big brand is reliable, the interest rate is low, and the maximum borrowing amount is 200,000, which can meet the needs of most borrowers.

In addition to individual consumers, small and micro business owners who need start-up or working capital can also consider having money to spend, and Money is committed to providing accurate, convenient and efficient financial services for small and micro business owners.

This is provided by Kangbo Finance, which focuses on the interpretation of financial hot events, the popularization of financial knowledge, adheres to professionalism, pursues fun, makes financial content that people can understand, and conveys financial value in a vivid and diverse way. Hope this helps.

I'm 31 days overdue, and I'm calling home.

If the microloan is overdue for five days, it does not necessarily contact the family. If the user is occasionally overdue, then after the overdue, WeLoan will send a text message and call ** to collect, but the borrower himself will be notified. The user is often overdue, and there are a large number of overdue records in the credit report, so even if it is overdue for four days, the contact person also has the risk of receiving a collection**.

For users, the most important thing is to repay each installment of micro loan on time, so as to maintain their personal credit.

Extended information: 1. Is WeLoan a formal platform loan?

WeLoan is a formal platform loan. WeBank is a pure online microcredit revolving consumer loan product launched by WeBank for WeChat users and mobile QQ users, and WeBank is the first Internet private bank in China, with a formal financial institution license, so it is a formal loan platform. However, WeLoan adopts a user invitation system, and only users who have received the invitation can apply for activation, and cannot apply for activation independently.

2. Which bank lends the micro loan?

WeLoan is a loan product of WeBank, and after users apply for WeLoan, in addition to WeBank's loans, some banks also act as WeBank's capital partners to increase the borrowing funds for WeLoan. These banks that provide borrowing funds include: Postal Savings Bank, Huaxia Bank, Minsheng Bank, Bank of Shanghai, Bank of Beijing, Bank of Changsha, etc.

3. Is the interest rate of micro loan high?

The daily interest rate of WeLoan is that, when converted into adult interest rate, the interest rate of WeLoan is not high based on the average loan interest rate of 18%-24% of online loan products. However, compared with the bank loan interest rate in the same period, micro loans are undoubtedly much higher. Therefore, if the annual interest rate of the micro loan is in this range, the loan interest is not high, and if it exceeds it, the interest rate is relatively high.

4. What is the basis for the amount of micro loans?

The amount of WeLoan is the maximum amount that can be borrowed according to the individual's credit situation, and the amount that can be used is the maximum amount that can be borrowed at present. If you want a higher amount, then you need to improve your overall assessment score. When applying for a micro loan, the applicant's credit report will be checked.

5. Micro loans can be deferred for a few days.

As an Internet credit loan product, there is still a certain difference between WeLoan and credit card, according to the regulations of WeLoan, there is no grace period for repayment of WeLoan, which means that WeLoan does not support deferred repayment. When the user borrows, the borrower often determines the repayment date, and the borrower needs to repay the loan principal and interest as agreed on the repayment date, and once the borrower fails to repay the loan on time on the repayment date, it will be regarded as overdue repayment.

If it is occasionally overdue, then after the overdue, WeLoan will send a text message and call ** to collect, but the borrower himself will be notified. Only if the borrower cannot be contacted, the platform will contact the borrower's family.

In addition to overdue, long lending is not good will also be included in the online loan blacklist, you can go to: Kingfisher data, detect your own long loans, long loans are mainly the recent application of individuals in lending institutions, it is recommended that you can let yourself slow down first, stop all loan-related operations within three months, and the natural risk index will be reduced after three months, and the blacklist will be eliminated.

Micro loan is an online loan product that will give the borrower ** if it is overdue, especially if the overdue person is overdue within a week to a month, and does not accept **. WeLoan will call the contact person** to assist in repayment. As an online loan product, one of the fastest ways to contact borrowers is to call the address book**.

Moreover, for overdue loans of more than three months, micro loans will be outsourced to third-party collection agencies, and most of the methods used by these institutions are bombing, exploding address books, etc., which will inevitably encounter violent collection. Under normal circumstances, the online loan platform will divide the collection into several modules such as M0, M1, M2, and M3 according to different overdue stages. And if it is overdue for a long time, it will definitely be on the credit report, and it will also affect WeBank's rating of you, and it will definitely have a great impact later.

Yes, it will be called to the contact in the address book. In principle, there is no grace period for micro loans, so if the user does not repay after the repayment date, the platform will collect it. According to the user's feedback, basically within 3 days of the overdue will be called to the contact, so it is better to deal with it as soon as possible.

If it is not repaid, the platform may also outsource the debt to a third party, which may be more intense than the platform's collection efforts and standardization. Moreover, micro loan is a product on the credit report, and overdue will leave a stain record on the credit report. If the user only fails on the day of repayment, then it can be done at 24:24 on the day after the repayment date

00 make up, the platform is still the same. At this time, it will not be regarded as overdue, and no penalty interest fee will be charged, that is to say, although the platform does not indicate that there is a grace period for WeLoan, but from the perspective of repayment, it is also possible at 24:00 the next day, and users must seize the last opportunity.